Insurance

People and Products

TAL has launched a digital solution TAL Connect for its superannuation fund partners that links super and insurance for members, with Aware Super as its launch partner....

Insurance

The Federal Court has ruled in favour of QSuper regarding non-payment of a total and permanent disablement benefit to a member....

Insurance

Accusing Labor of ‘drip-feeding’ the idea to suit them politically, the Greens has announced its support for planned changes to super tax concessions will be contingent ...

Insurance

MLC Life Insurance believes life insurers should be able to provide advice under the Quality of Advice Review in the same way as superannuation funds....

Insurance

The regulator has reached out to the Insurance Council of Australia, Council of Australian Life Insurers, and Financial Services Council about its review of over 100 TMDs...

Insurance

Low levels of financial literacy and engagement among super fund members are leaving them at risk of losing their insurance cover....

Insurance

Life insurance experts have flagged that, while the government’s initial response to the Quality of Advice Review holds promise, there remains more work to do for consume...

Insurance

The Federal Court has ordered MLC Limited pay a $10 million penalty for failing to pay promised benefits, resulting from a lack of appropriate systems to administer its i...

Insurance

Superannuation trustees have been urged to “commit to a thorough analysis” of their life insurance offerings following an ASIC review....

Insurance

Zurich Financial Services Australia has been appointed to provide group insurance for Brighter Super members from July 2023. ...

Insurance

The Financial Services Council has commenced operation of an enforceable standard for handling group life insurance claims in superannuation....

Insurance

MetLife Australia set the sandbox program with UNSW to develop ways to get superannuation fund members to engage with their insurance coverage in every life stage. ...

Insurance

Insurance needs of members should not be neglected when it comes to superannuation mergers, according to Australian Retirement Trust....

Insurance

Metlife is rolling out additional features for its 360Health Virtual Care tool to its superannuation fund members to address problems such as reduced mobility and wellbei...

Insurance

Cbus Super, the superannuation fund for blue-collar workers, has announced it paid out almost $300m in insurance claims over the last financial year, a rise of $40m from ...

Insurance

Research from MLC Life Insurance has revealed 60% of superannuation members have never heard of the superannuation stapling reforms, potentially leaving them with inadequ...

Insurance

Two financial services associations have welcomed the Australian Prudential Regulation Authority’s announcement suspending the proposed insurance policy contract term mea...

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